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Legend Power Systems Inc V.LPS

Alternate Symbol(s):  LPSIF

Legend Power Systems Inc. is a Canada-based company, which provides an intelligent energy management platform that analyzes and improves building energy challenges, impacting asset management and corporate performance. The Company's segments include Legend Power Systems Canada and Legend Power Systems Corp. - U.S. The Company markets a patented device (the SmartGATE) which is an active power management system which corrects incoming electricity power quality in real time on a cycle-by-cycle basis. SmartGATE's modular and extensible design, particularly its software-driven controller, and multiple component topology, enables it to address power quality issues. It also markets a power quality monitoring device called SmartGATE Insights, which is used to measure power quality conditions. These patented technology platforms are used in the SmartGATE Insights Power Impact Assessment Service, which assesses incoming power issues and translates this data into business impact.


TSXV:LPS - Post by User

Bullboard Posts
Comment by musingon Aug 12, 2008 5:09pm
283 Views
Post# 15378287

RE: This is not new .. concept been around for yea

RE: This is not new .. concept been around for yeaIn the Energy Evolution article of July 28 Gerry Gill says ""We're the only people in the world with a voltage optimization technology".  I haven't done extensive research on this assertion by any means but I'm rather shocked by it because just down the coast from LPS' Vancouver headquarters, in Seattle, there is another publically traded company in the same business, namely Microplanet (mp on the venture market). That company not only has voltage optimization technology but has begun to rollout its technology commercially with a $6 million contract with an Australian utility. One would think that LPS's CEO would be more knowledgeable or careful in his statements. Clearly, in the new era of high utilitiy costs there is plenty of room for more than one company in this sector. Moreover, I'm not comparing the technolgies of MP an LPS. I need to research this latter point. My only point here is that it is misleading to suggest that LPS has no competition. 
Bullboard Posts